The Senators and the NCC had until Friday's deadline to reach a deal before their memorandum of understanding expired.

With a deadline to reach a deal on a new home the Ottawa Senators fast approaching, the NHL franchise and the National Capital Commission (NCC) will make an announcement Friday afternoon about their plans to develop LeBreton Flats.

The Ottawa Senators reportedly have a deal with the National Capital Commission (NCC) to build a new NHL arena – technically an events centre – at LeBreton Flats. Today was the deadline for the two sides to agree on a deal and, according to Wayne Scanlan at Sportsnet, they managed to get things done.

The Senators and the National Capital Commission announced an agreement that would see the team purchase a 10-acre plot at the downtown LeBreton Flats site for the development of a multi-purpose facility,

The Ottawa Senators and the National Capital Commission say they've reached an "agreement in principle" to bring a new NHL arena and major events centre to LeBreton Flats.

The development is still years away from shovels in the ground, but the Ottawa Senators reached an agreement in principle to acquire land for a new arena and district.

The Ottawa Senators and the National Capital Commission say they've reached an "agreement in principle" to bring a new NHL arena and major events centre to LeBreton Flats.

Now the Senators are making tangible improvements to the organization off the ice. In a long-rumored move, the team announced that they and urban planning company the National Cap